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Japan Exchange Group, Inc. (8697.T)

JPY2,211.50 +15.00 (+0.68%)
JP JPX Financial Services Financial - Data & Stock Exchanges
Address 2-1 Nihombashi-kabuto-cho 103-8224
Tokyo, JP
CEO Hiromi Yamaji
Website jpx.co.jp
IPO 2008-09-05
ISIN JP3183200009

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Also trades on Other OTC · JPXGY (USD) Other OTC · OSCUF (USD) Tokyo Stock Exchange · 8697.T (JPY)
Description

Japan Exchange Group, Inc. operates as a financial instruments exchange holding company in Japan. It engages in the operation of financial instruments exchange markets for trading listed securities and derivatives instruments to market users; publication of stock prices and quotations; provides market facilities for trading of commodity derivatives, physical commodities, and commodity index futures; self-regulatory operations, such as listing examination, listed company compliance, market surveillance, and inspections and examinations of trading participants. The company also provides clearing and settlement, and market-related services. The company was incorporated in 1949 and is headquartered in Tokyo, Japan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY2,211.50 +15.00 (+0.68%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
0.57
Float Shares
988.47M
Free Float %
96.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.93% -1.04% +4.70% -8.64% +8.90% +13.13% +22.01% +72.69% +54.23% +160.31% +1,064.78%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2,211.50
DCF (Unlevered) 2,323.72 +5.1%
DCF (Levered) 2,721.67 +23.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 40% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 1 0
Hold 1 0
Sell 1 0
Strong Sell 1 0
Quality scores
Altman Z-Score
0.03
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
8 / 10
Strong MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
2 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✓ MOAT relativo ★ Strong MOAT
  • Revenue growth Financial - Data & Stock Exchanges: +11.9%
    +21.3% Q1'26: +39.5% (vs Q1'25)
  • EPS growth Financial - Data & Stock Exchanges: +19.9%
    +30.8% Q1'26: +72.9% (vs Q1'25)
  • FCF margin FCF growth · Financial - Data & Stock Exchanges: +25.6%
    +50.6% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Financial - Data & Stock Exchanges: +51.8%
    +58.9% Q1'26: +59.7% (vs Q1'25)
  • ROIC Financial - Data & Stock Exchanges: +13.5%
    +27.2% Q1'26: +33.1% (vs Q1'25)
  • Share dilution Financial - Data & Stock Exchanges: +0.6%
    -1.0% Q1'26: -1.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Financial - Data & Stock Exchanges: -0.36×
    0.39× Q1'26: 0.33× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.56) × ERP
WACC = 97% × Ke + 3% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 2,323.72 Current price: 2,211.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
2 Rev. Ana.
2 EPS Ana.
Mar 2027
4 Rev. Ana.
5 EPS Ana.
Mar 2028
4 Rev. Ana.
5 EPS Ana.
Mar 2029
3 Rev. Ana.
3 EPS Ana.
Revenue
106.49B
est: 105.76B (+0.7%)
116.91B
est: 115.19B (+1.5%)
108.05B
est: 109.59B (-1.4%)
120.98B
est: 118.01B (+2.5%)
121.38B
est: 121.44B (0.0%)
124.66B
est: 123.54B (+0.9%)
133.70B
est: 131.66B (+1.6%)
135.64B
est: 135.83B (-0.1%)
134.50B
est: 134.25B (+0.2%)
157.80B
est: 156.45B (+0.9%)
164.17B
est: 161.94B (+1.4%)
196.44B
194.13B – 198.75B
+21.3% YoY
229.63B
208.85B – 253.25B
+16.9% YoY
240.00B
206.49B – 262.57B
+4.5% YoY
246.88B
239.17B – 254.59B
+2.9% YoY
EBITDA
66.29B
est: 70.44B (-5.9%)
78.54B
est: 76.73B (+2.4%)
72.40B
est: 73.00B (-0.8%)
83.19B
est: 78.60B (+5.8%)
83.06B
est: 80.89B (+2.7%)
85.70B
est: 82.29B (+4.1%)
91.61B
est: 87.70B (+4.5%)
91.06B
est: 90.47B (+0.6%)
87.27B
est: 89.42B (-2.4%)
105.81B
est: 104.03B (+1.7%)
107.45B
est: 107.68B (-0.2%)
130.62B
129.08B – 132.16B
+21.3% YoY
152.69B
138.87B – 168.40B
+16.9% YoY
159.59B
137.30B – 174.59B
+4.5% YoY
164.16B
159.03B – 169.29B
+2.9% YoY
EBIT
54.93B
est: 57.25B (-4.1%)
67.81B
est: 62.36B (+8.7%)
60.61B
est: 59.33B (+2.2%)
73.07B
est: 63.89B (+14.4%)
70.87B
est: 65.75B (+7.8%)
69.20B
est: 66.88B (+3.5%)
74.83B
est: 71.28B (+5.0%)
73.53B
est: 73.53B (0.0%)
68.30B
est: 72.68B (-6.0%)
87.51B
est: 85.61B (+2.2%)
89.09B
est: 88.62B (+0.5%)
107.49B
106.23B – 108.76B
+21.3% YoY
125.66B
114.28B – 138.58B
+16.9% YoY
131.33B
112.99B – 143.68B
+4.5% YoY
135.10B
130.87B – 139.32B
+2.9% YoY
Net Income
34.43B
est: 31.92B (+7.9%)
44.88B
est: 42.29B (+6.1%)
42.12B
est: 39.79B (+5.9%)
50.48B
est: 46.82B (+7.8%)
49.06B
est: 47.58B (+3.1%)
47.61B
est: 46.52B (+2.3%)
51.39B
est: 49.09B (+4.7%)
49.96B
est: 49.40B (+1.1%)
46.34B
est: 45.36B (+2.2%)
60.82B
est: 58.85B (+3.3%)
61.09B
est: 62.35B (-2.0%)
76.97B
76.94B – 77.00B
+23.4% YoY
81.82B
75.68B – 103.23B
+6.3% YoY
84.66B
72.81B – 106.45B
+3.5% YoY
86.81B
78.97B – 116.47B
+2.5% YoY
SGA
— – —
— – —
— – —
— – —
EPS
31.35
est: 30.68 (+2.2%)
40.87
est: 40.65 (+0.6%)
38.50
est: 38.24 (+0.7%)
47.08
est: 45.00 (+4.6%)
45.81
est: 45.73 (+0.2%)
44.46
est: 44.71 (-0.6%)
48.00
est: 47.19 (+1.7%)
47.18
est: 47.48 (-0.6%)
44.02
est: 44.01 (+0.0%)
58.45
est: 56.56 (+3.3%)
58.72
est: 58.70 (+0.0%)
74.70
74.68 – 74.73
+27.3% YoY
84.01
73.45 – 100.19
+12.5% YoY
87.27
70.67 – 103.32
+3.9% YoY
92.26
76.64 – 113.04
+5.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-28 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-27 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-26 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-25 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-22 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-21 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-20 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-19 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-18 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-15 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-14 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-13 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-12 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-11 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-08 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-07 B 3/5 4/5 5/5 2/5 3/5 1/5 1/5
2026-05-01 B 3/5 4/5 5/5 3/5 3/5 1/5 1/5
2026-04-30 B 3/5 4/5 5/5 3/5 3/5 1/5 1/5
2026-04-28 B 3/5 3/5 5/5 3/5 3/5 1/5 1/5
2026-04-27 B 3/5 4/5 5/5 3/5 3/5 1/5 1/5
2026-04-24 B 3/5 4/5 5/5 3/5 2/5 1/5 1/5
2026-04-23 B 3/5 4/5 5/5 3/5 2/5 2/5 1/5
2026-04-22 B 3/5 4/5 5/5 3/5 2/5 2/5 1/5
2026-04-21 B 3/5 4/5 5/5 3/5 2/5 2/5 1/5
2026-04-20 B 3/5 4/5 5/5 3/5 2/5 2/5 1/5
2026-04-17 B+ 3/5 4/5 5/5 4/5 2/5 2/5 1/5
2026-04-16 B+ 3/5 4/5 5/5 4/5 2/5 2/5 1/5
2026-04-15 B+ 3/5 4/5 5/5 4/5 2/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
34.14B
OE per share TTM
32.81
Owner's Yield
1.70%
Maintenance CapEx ratio
1.53%
Maint CapEx / Avg PPE
8.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
92.81M
Shares Outstanding
1.03B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Hiromi Yamaji Representative Executive Officer, Group Chief Executive Officer & Director 109M male
Moriyuki Iwanaga Representative Executive Officer, Group Chief Operating Officer & Director 96M male
Ryusuke Yokoyama Group COO & Representative Executive Officer 87M male
Isao Hasegawa Senior Managing EO and Executive Vice President of General Administration & Human Resources 66M male
Hiroki Kawai Executive MD, Senior Executive Officer, CFO and Corporate Strategy & Treasury male
Yoshida Masanori Senior Executive Officer male
Katsumi Ao Executive VP and General of Administration & Human Resources male
Satoshi Niki Managing Executive Officer male
Satoshi Takura Senior Executive Officer & Chief Information Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits